Loan Utilization
If you make your loan application online via internet, you will receive an approval letter at your e-mail address. Then, you can go the authorized dealer you have already specified to complete the loan processing.
If you make your loan application at an authorize dealer, the vdf representative will inform you about the approval and invite you to the authorize dealer to complete the loan processing.
The vdf representative will prepare the best payment plan matching your budget based on the loan amount and maturity term and other documents to be signed by you. You can purchase the full motor insurance from any insurer of your choice. The vdf representative will also finish pledge processing, a requirement for loan granting in a short period of time.
Your credit line will be available for use after you sign the Consumer Loan and Pledge Agreement, which contains all information about the loan, the payment plan matching your budget and other documents. Then, you will join the ever expanding vdf Consumer Finance Family.